We Understand Your World
Interest Rate
12.10%
Max Loan
₹20 Lakh
Max Tenure
15 years
Processing Fee
1% of loan amount
HDFC Bank offers education loans with quick approval and minimal documentation. Known for its digital-first approach, HDFC processes education loans faster than most government banks. The bank covers both domestic and international education needs.
| Parameter | Details |
|---|---|
| Bank Name | HDFC Bank |
| Bank Type | Private Banks |
| Interest Rate | 12.10%+ floating |
| Maximum Loan Amount | ₹20 Lakh |
| Maximum Tenure | 15 years |
| Processing Fee | 1% of loan amount |
| Moratorium Period | Course period + 12 months |
| Eligible Schemes | CSIS |
| Loan Category | Interest Rate (p.a.) |
|---|---|
| Up to ₹7.5 Lacs | 12.10% (floating) |
| Above ₹7.5 Lacs | 13.50% (floating) |
| Premier institutions | 12.10% (floating) |
| With collateral | Negotiable |
Rates are indicative. Final interest rate depends on applicant profile, course, institute, and collateral provided.
Quick approval in 3–5 working days
Doorstep document collection
Digital application process
Loan up to ₹20 Lakh without collateral
Coverage: tuition, living, travel, equipment
Tax benefit under Section 80E
Advantages
Disadvantages
Indian national, age 16–35 years
Confirmed admission to recognised institution
Co-applicant with stable income
Minimum 50% marks in qualifying exam
Apply online via HDFC Bank website
Fill application and upload documents
Doorstep verification by bank representative
Credit check and approval
Disbursement directly to institution
Pro Tip: Apply at least 4–6 weeks before your course fee payment deadline to avoid last-minute delays.
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Eligible Government Schemes
CSIS
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